Profits up but steel fabricator expects tough year


KUCHING: Steel fabricator KKB Engineering Bhd, which chalked up higher profits last year over 2014, expects the unfavourable foreign exchange rate to adversely affect the costs of some of its imported raw materials.

The company said, however, that to minimise the negative impact, the group’s financial effect due to this exchange rate fluctation had been adequately risk managed at this stage.

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